BHP 4.03% $41.65 bhp group limited

major upheaval looming

  1. 67b
    2,044 Posts.
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    As a point of discussion what would be the consequences of BHP moving off shore be?

    I see BHP establishing it's headquarters in Shanghai.
    I see BHP simply shipping its ore from Olympic Dam to China.
    Water is too expensive and too sensitive an issue to bother.
    Power is also too expensive.
    Labour will be expensive and hard to find.
    Simply shifting the ore to the coast and shipping it off to processed elsewhere will be what they will do.
    Then the Chinese can help themselves to the copper, silver, gold and whatever else is in there.
    The premier of South Australia won't be too happy but I reckon shareholders will.

    As another point of interest the ore body at Olympic Dam has been tested to 2 kilometres down and hasn't stopped so goodness knows what they are exactly sitting on. This will be the world's biggest copper mine.

    What do others think or predict?




 
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